For now, US dollar-denominated stablecoins account for more than 99 per cent of the global market, reflecting its role as the ...

One digital bank executive noted that Hong Kong’s insurance industry still relies heavily on offline agents, while digital ...

“We are looking at the most expensive piece of legislation probably since the 1960s,” noted Jessica Riedl, a senior fellow ...

It is home to some of the world’s smallest and most unusual frog species. While many visitors flock to Borneo’s jungle to see ...

A robotaxi of Hellobike undergoes a road test. [Photo provided to chinadaily.com.cn] Chinese bike-sharing platform Hellobike established a new robotaxi firm on Monday, teaming up with fintech giant ...

Ant International, the overseas arm of Chinese mainland financial technology giant Ant Group, said on Thursday that it will apply for the issuer license of fiat-referenced stablecoins in Hong Kong ...

Dodging fire-ants, snakes and millions of nighttime creepy-crawlies, a group of trekkers advances through the humid Bornean ...

Chinese tech heavyweights JD.com and Ant Group are pressing the central bank to greenlight yuan-pegged stablecoins in Hong Kong, hoping to counter the rising ...

Dodging fire-ants, snakes and millions of nighttime creepy-crawlies, a group of trekkers advances through the humid Bornean ...

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...

Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...